When companies offer a pension, it's common to give retirees two options: collect the pension as a lifetime monthly payment ...

When you take your pension as a monthly annuity, you gain longevity insurance. Your check will arrive each month until you die, and you also have the option of spreading the payments over your ...

Sometimes companies with pension plans offer current and future retirees the option of receiving a large one-time payment instead of a series of smaller payments usually administered on a monthly ...

One of the most significant decisions anyone with a pension can make is taking a lump sum (annuity) versus receiving monthly ...

Increasingly, as a way of saving money, companies are offering their current and former employees an option ... s Pension Benefit Guaranty Corporation insures monthly payments well above $462.

Sharon Collins, 73, of Ithaca was recently arraigned for allegedly stealing nearly $70,000 in state pension payments intended ...

The State Pension is a regular income for many older people across Great Britain, but what happens to the payments when ...

An Ithaca woman is accused of stealing almost $70,000 in state pension payments meant for her deceased husband, according to ...

To address this issue, the lump-sum withdrawal payment option was introduced, which allows a partial refund of the pension contributions made. Foreign nationals can claim this partial refund ...

Separately, pension monthly payments, or annuity payments ... The most important thing to know is that if you choose the lump sum option, you’ll owe income tax on the entire amount unless ...